Australian news, and some related international items

Queensland Premier will not support Australian government funding for Adani coal megamine rail line

Adani: Premier Annastacia Palaszczuk withdraws Government involvement in mine funding Queensland Premier Annastacia Palaszczuk has announced her Government will have “no role in the future” of an assessment of a $1 billion loan to Adani for its Carmichael coal mine. ABC News 3 Nov 17

The Northern Australia Infrastructure Fund (NAIF) is considering an application by the Indian company for concessional Commonwealth funds for a rail link.

Ms Palaszczuk late on Friday revealed her partner, Shaun Drabsch, worked on the application to the NAIF with his employer, PricewaterhouseCoopers (PwC), which acted for Adani.

She denied there was a conflict of interest and said her decision to exercise her government’s “veto” to not support the loan came as the Liberal National Party (LNP) in Canberra was poised to launch a smear campaign against her in the run-down to the November 25 state election.

“This afternoon I announce that my Government has had no role to date in the Federal Government’s assessment process for Adani — now we will have no role in the future,” she said.

“To action my decision, I propose to write to the Prime Minister to notify him that my Government will exercise its ‘veto’ to not support the NAIF loan — and to remove doubt about any perception of conflict.”…….

November 3, 2017 - Posted by | climate change - global warming, politics, Queensland

1 Comment »

  1. The pressure is mounting against the mine. Great news


    Comment by debrarussellblogsfromdownunder | November 4, 2017 | Reply

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